Dover revenue and financials
$193.48Change from previous close: +1.14%Absolute change: +$2.18
In the fiscal year ended December 2025, Dover reported revenue of $8.09B (+4.48% year over year). Net income was $1.09B, a net margin of 13.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.48%
- 2025 vs 2024
- Net income growth
- −59.44%
- 2025 vs 2024
- Net margin
- 13.5%
- 2024: 34.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,338 | 1,088 | 1,336 | 806 | 1,116 | 1,105 | 945 | 789 | 739 | 735 |
| Depreciation and amortization | 380 | 338 | 305 | 296 | 290 | 279 | 272 | 283 | 283 | 250 |
| Capital expenditure | -220 | -168 | -183 | -211 | -171 | -166 | -187 | -171 | -170 | -140 |
| Investing cash flow | -896 | 1,959 | -727 | -541 | -993 | — | — | — | — | — |
| Financing cash flow | -625 | -1,272 | -568 | -260 | -250 | — | — | — | — | — |
| Dividends paid | -283 | -283 | -284 | -288 | -287 | -284 | -282 | -284 | -284 | -268 |
| Share repurchases | -541 | -500 | 0.0 | -585 | -21.6 | -106 | -143 | -895 | -105 | 0.0 |
| Debt issued | 631 | 0.0 | 0.0 | 630 | 105 | — | — | — | — | — |
| Debt repaid | -401 | -468 | -267 | — | 0.0 | — | — | — | — | — |
| Effect of exchange rates | 19.6 | -6.3 | -6.7 | -9.2 | -0.8 | — | — | — | — | — |
| Net change in cash | -168 | 1,429 | 35.0 | -4.6 | -128 | — | — | — | — | — |
| Free cash flow | 1,113 | 581 | 1,153 | 595 | 944 | — | — | — | — | — |
| Levered free cash flow | 859 | 1,136 | 818 | 392 | 744 | — | — | — | — | — |